User Account

All Pages

How much cash will random receive on jan 1, 2010

Assignment Help Accounting Basics
Reference no: EM13512658

Random Enterprises signed a discounted note on Jan 1, 2010 promising to pay the lender $10 million in 2 years, and will not make periodic interest payments. The lender wants to earn a 12% APR. How much cash will Random receive on Jan 1, 2010?

Reference no: EM13512658

Questions Cloud

Calculate the normal force that the floor exerts on chair : A chair of mass 10.5 kg is sitting on the horizontal floor; the floor is not frictionless. You push on the chair with a force F = 44.0 N, calculate the normal force that the floor exerts on the chair
Define what mass of the correct reagent should add : A 240.0 mL buffer solution initially contains 3.0×10-2 M of HCHO2 and 3.0×10-2 M of NaCHO2. What mass of the correct reagent should you add
Find the magnitude of the horizontal acceleration of ball : A bowling ball weighs 70.8 N .The bowler applies a horizontal force of 169 N to the ball. find the magnitude of the horizontal acceleration of the ball?
How truck accout related accumulated depreciation account : Show how the Truck account and the related Accumulated Depreciation account would appear on the balance sheet on (a) December 31, 2000; (b) December 31, 2001.
How much cash will random receive on jan 1, 2010 : Random Enterprises signed a discounted note on Jan 1, 2010 promising to pay the lender $10 million in 2 years, and will not make periodic interest payments. The lender wants to earn a 12% APR
Explain the major buffer ingredients of nah2 po4 : What is the pH of a soft drink in which the major buffer ingredients are 6.6 g of NaH2 PO4 and 8.0 g of Na2HPO4 per 355 mL of solution
What is annual depreciation based on straight-line method : Hacol Company acquired an asset on January 1, 2003, at a cost of $38,000, with an estimated useful life of 8 years and a salvage value of $2,000. What is the annual depreciation based on the straight-line depreciation method?
Define component in a buffer solution of acetic acid : When is pH = pKa for a monoprotic acid and why. Write the formula for each component in a buffer solution of acetic acid and it's salt.
Show the journal entry to record the equipment cost : The company's fiscal year is January through December. Show the journal entry to record the equipment's cost on the balance sheet for December 1999.

Reviews

Write a Review

Accounting Basics Questions & Answers

  The data must be gathered from authoritative and scholarly

I must Gather data to answer the above from multiple sources and present that data in one to two pages (12-point font, double-spaced). Be sure to document your sources. The data must be gathered from authoritative and scholarly sources.

  Merchandise purchases budget problem

The owner of central dug believes that ending inventories should be sufficient to cover 20 percent of the next month's projected sales. On January 1, there were 84 ankle braces in inventory.

  Determining the consolidated income statement

Squid reported net income of $100,000 for 2005. Minority interest income that will appear in the consolidated income statement for 2005 is

  Please answer questions one below and the other

please answer questions one below and the other attached1presented below are three independent situations. solve below

  Our company granted options for 2 million shares of its 1

our company granted options for 2 million shares of its 1 par common stock at the beginning of the current year. the

  Access database and queries

What are some of the advantages and the disadvantages of database forms? What is your experience in using Queries? Have you ever read the SQL commands generated by a Query in Access database?

  Balance sheet and income statement problem

Indicate the account names, amounts, and classifications of the items related to the premium plan that would appear on the BC Candy Company balance sheet and income statement at the end of 2010 and 2011.

  What amount should be recorded as the cost of the land

Previn Brothers Inc. purchased land at a price of $27,000. Closing costs were $1,400. An old building was removed at a cost of $10,200. What amount should be recorded as the cost of the land?

  Journal entries to record the write-off of receivables

Prepare journal entries to record the write-off of receivables, the collection of $1,200 for previously written off receivables, and the year-end adjusting entry for bad debt expense.

  In assessing control risk for purchases an auditor vouches

in assessing control risk for purchases an auditor vouches a sample of entries in the voucher register to the

  Conversion costs incurred uniformly over the production

All direct materials costs are added at the beginning of the production period cycle. Weighted-average costing is used by Rest-a-Lot. How many chairs were in inventory at the beginning of the month? Conversion costs are incurred uniformly over the..

  What is the amount of allowable depreciation

Arnie, a college student, purchased a truck in 2010 for $6,000. He used the truck 70% of the time as a distributor for the local newspaper and 30% of the time for personal use. The truck has a five year recovery period and he claimed depreciation ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd